Football industry embraces crypto as Messi helps 'fan tokens' take off
Reading now: 598
economictimes.indiatimes.comMessi, the salary package included something previously unheard of for a player — a one-off payment, understood to be worth around one million euros ($1.15m), made in PSG 'fan tokens'. It was the result of a partnership signed by the French giants in 2018 with Socios.com which sees fans use a cryptocurrency called 'chiliz' to buy tokens allowing them to vote on issues related to the club. These issues have tended to be rather mundane, for example, Juventus asking what music they should play in their stadium, but the concept has caught on.
Presented ByDid you Know?
Cryptocurrency could buy you a 101-carat diamond at Sotheby’s
View Details »The company has grown quickly since signing its first partnerships with PSG and Juventus to being
Read more on economictimes.indiatimes.comAbout this in other media
Busy Day For Ledger as It Announces Crypto Debit Card, NFT, Coinbase, and FTX News cryptonews.com /3 years ago
Show more
The website gocryptonft.com is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
